New SCA affiliation, USPI real estate transaction, Pinnacle III hires & more – 5 recent ASC company key notes

Here are five recent news updates on ambulatory surgery center companies.

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Los Angeles County-USC Medical Center has formed a strategic alliance with Surgical Care Affiliates to manage several of its surgery centers.

Self-managed healthcare real estate company Physicians Realty Trust acquired Baylor Surgicare at Mansfield (Texas) for $8.5 million. The surgery center is a joint venture between United Surgical Partners International, 20 physicians and Baylor Scott & White Healthcare System.

Pinnacle III added three new employees to its management team this year including:

•    Holly LeRoux as director of operations at Boulder (Colo.) Community Musculoskeletal Surgery Center
•    Jebby Matthew as director of operations at The Orthopaedic & Spine Center of Southern Colorado in Colorado Springs
•    Linda Deeming as director of operations at Foothills Surgery Center in Boulder, Colo.

Hospital Corporation of America stock traded at $72.07 per share during the week of Oct. 20 to Oct. 24, up 3.79 percent.

Tenet Healthcare stock traded at $58.22 per share during the week of Oct. 20 to Oct. 24, up 2.9 percent.

If you have a question, issue or note to suggest on an ASC management and development company please contact Carrie Pallardy at cpallardy@beckershealthcare.com or Laura Dyrda at ldyrda@beckershealthcare.com.

More articles on ASC issues:
Breaking ground in orthopedics: 5 ASC firsts
3 key thoughts on ASC physician recruitment
Key legal issues for ASCs: False Claims & non-competes

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

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